Sharing Services Global Corp
Sharing Services Global Corporation markets and distributes health and wellness, and other products in the United States, Canada, the Republic of Korea, and internationally. Its products portfolio includes health and wellness products, which comprise Elevate MAX Happy Coffee, an Arabic coffee drink; XanthoMax Happy Caps, an encapsulated wellness supplement; KetoCre Keto Creamer, a ketogenic cream… Read more
Sharing Services Global Corp (SHRG) - Net Assets
Latest net assets as of September 2024: $-4.21 Million USD
Based on the latest financial reports, Sharing Services Global Corp (SHRG) has net assets worth $-4.21 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($6.26 Million) and total liabilities ($10.47 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-4.21 Million |
| % of Total Assets | -67.34% |
| Annual Growth Rate | N/A |
| 5-Year Change | -185.0% |
| 10-Year Change | N/A |
| Growth Volatility | 193.59 |
Sharing Services Global Corp - Net Assets Trend (2016–2024)
This chart illustrates how Sharing Services Global Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sharing Services Global Corp (2016–2024)
The table below shows the annual net assets of Sharing Services Global Corp from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | $-2.77 Million | +87.80% |
| 2023-03-31 | $-22.72 Million | -199.54% |
| 2022-03-31 | $22.83 Million | +270.66% |
| 2021-03-31 | $6.16 Million | +88.84% |
| 2020-03-31 | $3.26 Million | +347.42% |
| 2019-03-31 | $-1.32 Million | +95.46% |
| 2018-03-31 | $-29.01 Million | -94862.34% |
| 2017-03-31 | $-30.55K | -733.62% |
| 2016-03-31 | $-3.67K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sharing Services Global Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 11316577700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $37.63K | % |
| Other Comprehensive Income | $-342.65K | % |
| Other Components | $110.70 Million | % |
| Total Equity | $-2.77 Million | 100.00% |
Sharing Services Global Corp Competitors by Market Cap
The table below lists competitors of Sharing Services Global Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BEACH ENERGY (BPS.SG)
STU:BPS
|
$7.12K |
|
Pacific Image Electronics Co., Ltd.
TWO:6228
|
$7.13K |
|
MNPR3F
SA:MNPR3F
|
$7.13K |
|
VRYWF
OTCGREY:VRYWF
|
$7.14K |
|
Spac One Ag
DU:SPC
|
$7.11K |
|
TIANNENG POWER INTL
BE:TPQ
|
$7.11K |
|
WI-LAN (WJL.SG)
STU:WJL
|
$7.10K |
|
Sipup Corporation
PINK:SPUP
|
$7.10K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sharing Services Global Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -22,723,585 to -2,772,435, a change of 19,951,150.
- Net loss of 6,711,537 reduced equity.
- Other comprehensive income decreased equity by 34,341.
- Other factors increased equity by 26,697,028.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-6.71 Million | -242.08% |
| Other Comprehensive Income | $-34.34K | -1.24% |
| Other Changes | $26.70 Million | +962.95% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Sharing Services Global Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-03-31 | $0.00 | $1.38 | x |
| 2017-03-31 | $0.00 | $1.38 | x |
| 2018-03-31 | $-0.41 | $1.38 | x |
| 2019-03-31 | $-0.01 | $1.38 | x |
| 2020-03-31 | $0.01 | $1.38 | x |
| 2021-03-31 | $0.04 | $1.38 | x |
| 2022-03-31 | $0.11 | $1.38 | x |
| 2023-03-31 | $-0.08 | $1.38 | x |
| 2024-03-31 | $-0.01 | $1.38 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sharing Services Global Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -61.70%
- • Asset Turnover: 1.64x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-1.05%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-25.04K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-72.67K |
| 2018 | 0.00% | -426.41% | 1.43x | 0.00x | $-32.88 Million |
| 2019 | 0.00% | 24.93% | 5.37x | 0.00x | $21.56 Million |
| 2020 | 85.50% | 2.12% | 5.35x | 7.54x | $2.46 Million |
| 2021 | -20.05% | -1.91% | 2.90x | 3.63x | $-1.85 Million |
| 2022 | -74.93% | -49.69% | 0.80x | 1.89x | $-19.39 Million |
| 2023 | 0.00% | -234.04% | 0.94x | 0.00x | $-35.41 Million |
| 2024 | 0.00% | -61.70% | 1.64x | 0.00x | $-6.43 Million |
Industry Comparison
This section compares Sharing Services Global Corp's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $5,681,533,529
- Average return on equity (ROE) among peers: 0.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sharing Services Global Corp (SHRG) | $-4.21 Million | 0.00% | N/A | $7.12K |
| Above Food Ingredients Inc. Common Stock (ABVE) | $30.90K | -3.31% | 7.66x | $18.76 Million |
| The a2 Milk Company Limited (ACOPF) | $7.27 Million | -30.19% | 0.14x | $3.91 Billion |
| Ayujoy Herbals Ltd (AJOY) | $22.20 Million | 29.29% | 0.00x | $95.71 |
| Alfa S.A.B. de C.V (ALFFF) | $53.35 Billion | 7.36% | 3.80x | $2.16 Billion |
| Amincor Inc (AMNCB) | $34.44 Million | -63.76% | 0.81x | $2.24K |
| Armanino Foods New (AMNF) | $21.40 Million | 30.30% | 0.33x | $72.33K |
| Amira Nature Foods Ltd (ANFIF) | $303.22 Million | 8.27% | 0.89x | $128.79 |
| AAK AB (publ.) (ARHUF) | $2.44 Billion | 12.85% | 2.63x | $5.07 Billion |
| Artisan Consumer Goods Inc (ARRT) | $-326.75K | 0.00% | 0.00x | $279.39K |
| ARYZTA AG (ARZTF) | $632.10 Million | 9.58% | 2.04x | $53.13 Million |